US STOCKS SNAPSHOT-Wall Street opens lower after glum China data

BY Reuters | ECONOMIC | 05/16/22 09:32 AM EDT

May 16 (Reuters) - Wall Street's main indexes opened lower on Monday as investors digested downbeat data out of China amid worries over a global economic slowdown and aggressive policy tightening by the Federal Reserve.

The Dow Jones Industrial Average fell 44.51 points, or 0.14%, at the open to 32,152.15.

The S&P 500 opened lower by 10.87 points, or 0.27%, at 4,013.02, while the Nasdaq Composite dropped 77.86 points, or 0.66%, to 11,727.14 at the opening bell. (Reporting by Amruta Khandekar in Bengaluru; Editing by Shounak Dasgupta)

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